CFPB rule to remove medical bills from credit reports goes into effect March 17, but enforcement uncertain: Legally Speaking
The rule would be enforced by both the CFPB and FTC, but with the fate of the consumer protection bureau uncertain, so is the ...
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The White House wants to remove medical debt from credit scores. Here's why that's a big deal.
If finalized, the rule would remove as much as $49 billion of ... Americans still have billions of dollars in outstanding medical bills in collections appearing in the credit reporting system ...
ConsumerAffairs7d
Legislation to overturn medical debt rule draws blowback
Legislation to Overturn Medical Debt Rule: U.S. Senator Mike Rounds and Representative Ralph Norman introduced resolutions to ...
NerdWallet9mon
Medical Debt Could Vanish From Credit Reports. What to Do Now
Yes. If finalized, the rule would remove existing medical collections from credit reports and prevent credit reporting companies from sending medical information to lenders going forward.
Business Insider6mon
How to remove collections from your credit report: A step-by-step guide
However, FICO 8, one of the most widely used credit scores among lenders, still includes paid collections in its calculations. How can you remove collections from a credit report? However ...